Hyde Park Theatre

Analysis

Hyde Park Theatre is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hyde Park Theatre reported income of $203k and spending of $252k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $282k to $203k (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2022, when income dropped by 54%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hyde Park Theatre sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Camarillo Chapter No 723 Experi- Mental Aircraft Association ($203k), Institute for Broadening Participation ($203k) and Childrens Theatre of Houston ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $63k (25% of expenses). Other salaries and wages came to $23k. At year end it held assets of $57k against liabilities of $11k, net assets of $46k. It reported 3 employees.